Find the future value of the following ordinary annuities. Payments are made and interest is...
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Finance
Find the future value of the following ordinary annuities. Payments are made and interest is compo R-S3000, 9% interest compounded annually for 15 years What is the future value of the ordinary annuity? unded as given (Round to the nearest cent.) Fritz Benjamin buys a car costing $20700 He agrees to make payments at the end Fritz's monthly payment is s of each monthly period for 6 years. He pays 7.2% interest, compounded monthly What is the amount of each payment? Find the total amount of interest Fitz wl(Round to the nearest cent.) pay Frtz will pay a total of S in interest (Round to the nearest cent)




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